Discretionary government spending contributes to GDP. What happens if the government spends a lot less? Plus, ice cream ...

Top Trump administration officials are arguing that it is misleading to include government spending in the quarterly tally of ...

Government spending makes up 6% of total gross domestic product. And besides, spending cuts come with economic ripple effects ...

If a country’s D/GDP ratio is 100%, for instance, that would mean its annual economic output is approximately equal to its public debt. Alternatively, the D/GDP ratio can be expressed as a numeral.

YoY for Q1 2025. Declining consumer spending & exports signal risks of recession. Click here to read more about the U.S.

An economics professor will tell you that GDP is equal to the total spending by consumers, total investment, total government spending, and total net exports. The Trump administration, however ...